Where to find Angel investors interested in a small firearm related startup?

Status
Not open for further replies.
I have no answer for your investor idea, but please remove your prototype picture of your SBR until the ATF lets you know that it is an SBR.
Unfortunately, it hardly matters. Post it anywhere on the internet for 5 seconds and it cannot be retracted. It is what it is, and whoever cares to see it can see it. :(
 
The picture does not appear to be an actual firearm.

The law clearly states this weapon would contain an SBR. Your understanding or agreement is not required for this to be true.

Closing.

John
 
photo.jpg


...looks like my hunch was right and we are back in business.

In fact, I have been working on the design some, after talking with potential manufacturers and came up with something quite cool, although I don't wan't to say too much more about it yet.

My quest for funding has been all over the place. Lots of people are stepping up but pulling up shy of committing mainly because of the risk associated with a possible ban.

I'm about 3/4 done putting my formal proposal together now, after getting some manufacturing quotes back based on the new design, and then I'm heading back out to solicit money in earnest. I think I have the price for the prototype down to somewhere between $30-$50k, which I hope brings this project within striking distance.

I'll keep you tuned, but progress is grinding ahead every day... but there's no need to disclose everything yet, but you'll see the real significance of that BATF statement, in about a month.
 
Sorry. Looks hideous and i really don't see what it does better than other products on the market.

Also: unless you get LE sales or big contracts... Good luck reaching profitability.

Angel investors generally look for high reward options... Think Facebook, twitter, Google, instagram...
 
You do know that the ATF told you that you cannot have any shoulderstock on that thing?

Fixed, removable or whatever shoulderstock make it a SBR...

So you can still produce an oversized pistol, but it's not a rifle ...
 
"If the NEDG did not incorporate a shoulder stock..."

Then it's just two pistols glued together.
Sounds like the way to make money off this is to sell you a prototype for $50k. Whoever bilks you out of your $50k for a prototype is the only one who will make money from this idea.
 
^^^

Exactly my thoughts

Or: why would anyone want to buy that thing?
Without a shoulder stock this should be very hard to shoot...

But yeah... I can glue him two Glocks together for less than $50k. Rofl.
 
I remember you being on here with this idea a couple months or so ago. Nothing has changed, the climate for investing in a firearm of any type is problematic right now. You need a risk taker. With pending legislation which may or not pertain to your particular type of invention is an even higher risk than normal. I realize you think this is a great idea, you need to find someone who is aware of the gun business on all fronts who thinks it is also, not an easy task in the current climate.
I would tend to think that in this case it is going to be a friend or family member who "if anyone" lends you the capital, it's just too risky for any VC to touch.
Personally, I don't see it being a winner. But I have been wrong before, I just don't "get it" at all.
I would much rather have 2 separate weapons or a carbine kit that already exists, than 2 guns on 1 platform, as a guy who likes all kinds of new and crazy stuff I don't see this as being sucessful
 
While I'm still not clear on the practical real-world application for this design, I can't see how this design is appealing on any level without a shoulder stock. I'd keep the stock and stick 16" barrels on it to get started.

I'd also wait on the high-dollar manufacturing prototypes and build an inexpensive prototype using wood to prove out the fit, feel and practicality. It may not have the durability of an injection molded frame, but you can offset this somewhat by using .22LR guns or Airsoft markers to prove out the concept (Airsoft being appealing because you wouldn't run afoul of BATFE if you wanted to test the SBR design)
 
...and I have a Provisional Patent Application and a 45 page Venture Capital Proposal that goes along with that.
 
Last edited:
Its pretty cool,& the U.S. isnt the only place either to try to market this gun. browning went to Belgium when U.S. companies wouldnt build his product..
 
Other is unshootable without a buttstock

Carbine rifle also exists

and the last one... it's a pistol with a rail....
 
>Airsoft
I'm looking into that right now. Same exact thing, different box.

>'Other' is unshootable without a buttstock
...people shoot these every day:

tacstar45.jpg

>KPOS
Right. That is what I would build if I had more money and talent:) But as it is, you can't join two of these together to do what I want to to do... and there are no other patents on stackable modular pistol kits, other than mine, so I'm hoping if they like the idea they would consider buying the rights to what I'm working on, if for no other reason than just so no one else ends up with them, with lots more money...

But here is my point... without a tax stamp, you can't own a KPOS, with a shoulder stock, but thanks to United States v. Thompson/Center Arms Co. - 504 U.S. 505 (1992), civilians should be allowed to own ALL the pieces of MY kit - including parts that could be used to make an SBR - even if they do NOT have a tax stamp.

Normally, just being in possession of an SBR kit would constitute a punishable offense, but because the SBR law was ruled ‘ambiguous’, a rule of lenity was declared in that case, allowing defendants ‘the benefit of the doubt’ when they are caught in possession of all the pieces of a kit, which could be configured into both legal and illegal configurations.

What this means is a person could buy this unregistered, unregulated firearm accessory... and in the case of a ‘SHTF scenario’... configure it however they wanted, without any regard for the law. While this may sound absurd to many, this ‘I-could-if-I-needed-to’ perceived benefit is definitely not lost on our target audience, even though we would never suggest doing that, for obvious legal reasons. But modular designs allow consumers more options... some of them illegal, if they don't get the stamp... but if they dont want to get the stamp and not shoot it in that manner, well, then that's just one more option.
 
Last edited:
Okay you readily admit you lack money and talent...

If you want more seriousness you need to pay for some contract work. You images are MS Paint quality and scream to me you're out of your league. Pay someone to make a 3D model, ideally an engineer so they can give you input on the makeability of details and maybe run stress simulations. If you really want to get serious money thrown in it'd go a long way. Seriously a trade school or undergrad at any school could pop out something that looks way better than what you're showing us.

Also this is not meant to offend, but you need to acknowledge this isn't new. You want a KPOS that has a front rail to attach a second gun. That's it.
 
Normally, just being in possession of an SBR kit would constitute a punishable offense, but because the SBR law was ruled ‘ambiguous’, a rule of lenity was declared in that case, allowing defendants ‘the benefit of the doubt’ when they are caught in possession of all the pieces of a kit, which could be configured into both legal and illegal configurations.

What this means is a person could buy this unregistered, unregulated firearm accessory... and in the case of a ‘SHTF scenario’... configure it however they wanted, without any regard for the law.
While this may sound absurd to many, this ‘I-could-if-I-needed-to’ perceived benefit is definitely not lost on our target audience, even though we would never suggest doing that, for obvious legal reasons. But modular designs allow consumers more options... some of them illegal, if they don't get the stamp... but if they dont want to get the stamp and not shoot it in that manner, well, then that's just one more option.


, even though we would never suggest doing that, for obvious legal reasons.

But you did just suggest that. You just demonstrated intent. Welcome to Criminal Conspiracy 101. Next stop... club fed.
 
>

What this means is a person could buy this unregistered, unregulated firearm accessory... and in the case of a ‘SHTF scenario’... configure it however they wanted, without any regard for the law. While this may sound absurd to many, this ‘I-could-if-I-needed-to’ perceived benefit is definitely not lost on our target audience, even though we would never suggest doing that, for obvious legal reasons. But modular designs allow consumers more options... some of them illegal, if they don't get the stamp... but if they dont want to get the stamp and not shoot it in that manner, well, then that's just one more option.


You are narrowing your market down more and more, until you have been forced to admit you are chasing a primarily mall ninja/preppers crowd only, with a product that cannot be legally used for its intended purpose. At this point my suggestion would be for you to take another look at the market potential of your idea, and how other companies that have marketed similar versions of your idea are selling them.

More to the point, you have failed to explain to me the benefits such a product would hold to sufficiently, at least to me. It looks cumbersome, and I fail to see the utility in this product over training yourself to perform magazine changes quickly, or carrying a NY reload.
 
So your target audience are some preppers who are willing to violate ATF rules. Great market. Sorry.. Your business idea gets dumber by the minute.

P.s. You can already buy shoulder stock kits for Glocks. Heck...even Amazon sells them.
 
...
But here is my point... without a tax stamp, you can't own a KPOS, with a shoulder stock, but thanks to United States v. Thompson/Center Arms Co. - 504 U.S. 505 (1992), civilians should be allowed to own ALL the pieces of MY kit - including parts that could be used to make an SBR - even if they do NOT have a tax stamp.

Whut?

A KPOS is NOT a firearm and does not require a tax stamp to own and can be purchased without restriction.

http://www.amazon.com/KPOS-G1-Glock-Conversion-Defense/dp/B007J8IRE2

Mounting with the stock attached would require that the pistol it is being mounted on to be SBR'd.
 
Last edited:
Status
Not open for further replies.
Back
Top